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Boeing Faces Risk as It Starts Job Cuts in Tight Labor Market
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced it will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union strikes.
Boeing cutting 17,000 jobs to ‘adjust its workforce’ after labor union strike
The approximately 17,000 employees included in the cuts were notified this week and are expected to leave the company in mid-January, Boeing said. The cuts, which come after a labor union strike, equate to 10% of its workforce.
Boeing starts issuing layoff notices to cut 17,000 jobs, 10% of its workforce
Boeing sending out the Worker Adjustment and Retraining Notification (WARN) in mid-November was widely expected
2d
23andMe cuts 40% of its workforce
Genetics testing company 23andMe is trimming its headcount by 40%. The company said it is undergoing a restructuring to ...
10h
on MSN
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff that job losses are "inevitable" as it faces a potential deficit of £30m in the next ...
2d
on MSN
Man Group Plans Job Cuts as It Reviews Budget, Talent Needs
Man Group Plc is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing ...
15m
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
3h
on MSN
Public servants 'exhausted' after job cuts, more redundancies to come
Thousands of jobs have been slashed from the public service, leaving those still with jobs struggling to keep up the same ...
1d
South African labour union to strike at ArcelorMittal over job cuts
South Africa's metal workers' union said it will go on strike at ArcelorMittal South Africa Ltd on Thursday to protest job ...
Hosted on MSN
4h
Siemens shares power to record high after Q4 profit topper; flags likely job cuts
Siemens (OTCPK:SIEGY) +5.6% in Frankfurt trading Thursday to a record high after reporting better than expected Q4 results ...
2d
on MSN
Southwest is offering buyouts to airport workers and blaming Boeing for the job cuts
Southwest Airlines is offering buyouts and extended leaves of absence to airport workers to avoid “overstaffing” which it ...
1h
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
NBC New York
2d
23andMe cuts 40% of its workforce and discontinues therapeutics division
23andMe anticipates the
job
cuts
and other restructuring efforts announced Monday to reduce its operating expenses and ...
5d
Booking Plans Job Cuts as Part of Raft of Organizational Changes
Booking Holdings Inc. is planning organizational changes and job cuts as part of a raft of measures aimed at freeing up ...
1d
on MSN
CNN staffers 'deeply frustrated' as looming budget cuts, layoffs set to impact struggling network
Fox News Digital spoke with CNN insiders worried about the looming layoffs and budget cuts that are about to rattle the ...
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